5 11, 2024

In Florida’s Weed Wars, Griffin and DeSantis Clash With Trump and ‘Pot Daddy’

By | November 5th, 2024|Uncategorized|Comments Off on In Florida’s Weed Wars, Griffin and DeSantis Clash With Trump and ‘Pot Daddy’

In Florida’s weed wars, the big money is going against Governor Ron DeSantis and the financier of his anti-cannabis crusade, billionaire Ken Griffin. The Citadel founder has funded about half of the campaign against a referendum on legalizing recreational marijuana …

5 11, 2024

Swiss Re Agrees to Sell iptiQ’s European P&C Business to Allianz Direct

By | November 5th, 2024|Uncategorized|Comments Off on Swiss Re Agrees to Sell iptiQ’s European P&C Business to Allianz Direct

Swiss Re has agreed to sell iptiQ’s European P&C business to Allianz Direct, in line with its strategic decision to withdraw from iptiQ. Allianz Direct, the pan-European online insurer of Allianz Group, will take over the risk carrier based in …

5 11, 2024

States Worried About Election Unrest Take Security Precautions

By | November 5th, 2024|Uncategorized|Comments Off on States Worried About Election Unrest Take Security Precautions

A security fence rings a Las Vegas building where a Nevada county tabulates votes. An Arizona sheriff has his department on high alert to guard against potential violence with drones and snipers on standby. The National Guard has been or …

5 11, 2024

Arthur J. Gallagher & Co. Acquires Michigan’s Peabody

By | November 5th, 2024|Uncategorized|Comments Off on Arthur J. Gallagher & Co. Acquires Michigan’s Peabody

Arthur J. Gallagher & Co. announced the acquisition of Fenton, Michigan-based Peabody Insurance Agency, Inc. (Peabody Insurance). Terms of the transaction were not disclosed. Peabody Insurance is a retail insurance agency serving commercial and personal lines clients primarily in southeast …

6 11, 2024

Arthur J. Gallagher Acquires Statewide Commercial Insurance Brokers

By | November 6th, 2024|Uncategorized|Comments Off on Arthur J. Gallagher Acquires Statewide Commercial Insurance Brokers

Arthur J. Gallagher & Co. acquired Altadena, California-based American Matar International Inc., dba Statewide Commercial Insurance Brokers. Lana Matar and her team will remain in their current location under the direction of Scott Firestone, head of Gallagher’s Southwest region retail …

6 11, 2024

Amid ‘Unprecedented’ Fall Fire Season, Massachusetts Governor Urges Outdoor Safety

By | November 6th, 2024|Uncategorized|Comments Off on Amid ‘Unprecedented’ Fall Fire Season, Massachusetts Governor Urges Outdoor Safety

On Monday, Massachusetts Governor Maura Healey joined Massachusetts fire service leaders in asking residents to refrain from outdoor activity that could cause or contribute to the state’s recent rash of brush and wildland fires. “As we confront an unprecedented fall …

6 11, 2024

Hilb Group Secures $2 Billion Round of Financing

By | November 6th, 2024|Uncategorized|Comments Off on Hilb Group Secures $2 Billion Round of Financing

The Hilb Group announced last week that it has successfully secured an approximately $2 billion round of financing to refinance its existing debt and expand its revolving credit and delayed draw term facilities. The financing will support Hilb’s continued acquisition …

6 11, 2024

Hawaiian Electric Finalizes $2 Billion Maui Fire Settlement

By | November 6th, 2024|Uncategorized|Comments Off on Hawaiian Electric Finalizes $2 Billion Maui Fire Settlement

Hawaiian Electric Industries formalized a $2 billion agreement to settle damage claims from a wildfire that razed the historic town of Lahaina and killed more than 100 people. The utility-owner had reached a tentative agreement in August in which it, …

6 11, 2024

NY Governor: $20 Million Available in Home Resiliency Grants, Loans

By | November 6th, 2024|Uncategorized|Comments Off on NY Governor: $20 Million Available in Home Resiliency Grants, Loans

New York Governor Kathy Hochul announced on Monday that up to $20 million is available for eligible homeowners in flood-prone areas to make proactive flood mitigation and energy-efficiency improvements to their homes. The money is the latest round of funding …

6 11, 2024

Brown Ahead of Repke in Race for Montana Commissioner of Insurance

By | November 6th, 2024|Uncategorized|Comments Off on Brown Ahead of Repke in Race for Montana Commissioner of Insurance

Republican James Brown was well ahead of Democrat John Repke in the race for the office of Montana Commissioner of Securities and Insurance, State Auditor. Brown had 67% of the vote with 196 precincts reporting in. Commissioner Troy Downing, who …